SEC Form 4 · accession 0000930420-16-000459
KFORCE INC · KFRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph J Liberatore
Officer — President
Period of report
Jun 10, 2016
Accepted (ET)
Jun 14, 2016 · 4:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000930420
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Jun 10, 2016 | J | 1,194 | $0.00 | A | 300,223 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
- F2On April 29, 2016, the issuer declared a cash dividend of $0.12 per share of common stock, payable June 24, 2016 to all shareholders of record on June 10, 2016 (the "Dividend"). In accordance with the terms of the Restricted Stock Agreements dated January 2, 2013, January 2, 2014, August 25, 2014, January 2, 2015 and January 4, 2016, 217, 96, 166, 320 and 395 additional shares of restricted stock were received by the reporting person in connection with the Dividend, respectively. The additional shares of restricted stock will vest as follows: 217 shares in even increments over 2 years beginning January 2, 2017, 96 shares in even increments over 3 years beginning January 2, 2017, 166 shares in even increments over 4 years beginning August 25, 2016, 320 shares in even increments over 4 years beginning January 2, 2017 and 395 shares in even increments over 5 years beginning January 4, 2017.
- F3Includes 187,631 shares of restricted stock.